Maine saw one of its best Julys for home sales in a quarter century.
Buyers closed deals on 1,697 homes last month, up 7.8% from 1,575 in July 2025, according to the Maine Association of Realtors.
Meanwhile, the median sales price for a Maine home rose 1.7% year over year to $427,000, down slightly from June’s historic high.
Judy Oberg, the president of the Maine Association of Realtors and an associate broker at family-owned Oberg Insurance & Real Estate Agency in Bridgton, said last week that Maine exceeded 6,200 homes listed for sale for the first time since December 2019, before the COVID-19 real estate boom.
With that inventory increase, 77 families a day were buying homes, making it the eight best July for home sales here since 2000, according to Oberg.
“With increased inventory and the shift toward the autumn season, sellers should consider pricing to their current local market conditions and seasonal trends with the knowledge that buyers, in some markets, can be more discerning and have additional negotiating leverage. It’s a great time to purchase a home in Maine,” Oberg said.
Nationally, home sales rose a very modest 0.8% in July, while the median sales price nudged up 1.9% to $440,300, according to the National Association of Realtors.
In the Northeast, sales remained flat year over year, but the median sales price jumped 5.2% to $563,800.
On the county level in Maine, the most significant increase in median home prices for the three-month period ending July 31 was in Hancock County, where it rose 9.5% to $466,000, compared with the same time last year. Kennebec and Oxford counties also saw notable increases in sale prices for that three-month period, climbing 7.7% and 7.4%, respectively. The highest median home price during that period was in Cumberland County, where it reached $618,000, up about 2.2% from the same time a year ago.
The median home price fell most sharply in Lincoln (4.9%), Washington (2.9%) and Knox (1.9%) counties for that three-month period. Aroostook had the lowest median home price overall ($169,900), down 2.9% from a year earlier.
On the sales front, Aroostook County saw the largest sales bump for the three-month period ending July 31, increasing 16.6%. It was followed by Oxford (12.7%), Kennebec (11.4%) and Washington (10.9%) counties. Sales fell in only two counties — Sagadahoc (12.9%) and Piscataquis (10.5%) — during that period.